Vietnam have spent very high growth years in the period of 1992-1997, when the financial crisis in Southeast Asia in 1997 had not happened, Vietnam's economic growth reached from 8.5 percent to 9.5 percent per year; in the period of 2002-2007 before the world financial crisis in 2008, Vietnam's economy also grew by 7.5 percent to 8 percent a year. Therefore, Vietnam's growth momentum of over seven percent year is normal. Hard-working human resources and political determination of the whole system based on stable macroeconomic background are the basic factors to promote economic growth in 2020. In addition, the Government has improved business investment environment, there are resolutions for the private sector to attract capital from private enterprises in the country. At the same time, investment capital from abroad will still pour to Vietnam, and the Southeast Asian country will still be an attractive destination for foreign investors. In addition to the restructuring of … [Read more...] about Vietnam has huge development opportunities
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I sense that 2020 will be an innovative year for Vietnamese progress. Certainly, the nation has very little to lose by encouraging start-ups, allowing private enterprises more room to compete alongside the state industries. But much of this topic is too big to discuss in this article so I’ll be commenting on that in another feature soon. … [Read more...] about Happy Lunar New Year from Vietnam!
Responding to Tuoi Tre (Youth) newspaper’s request for comment, an official from the propaganda and education committee of Thanh Hoa said on Tuesday afternoon that the photos were “complete nonsense” and “fabricated,” the purpose of which was to “discredit” a provincial leader. … [Read more...] about Vietnamese province says text messages between Party leader and alleged mistress ‘fabricated’
Bac Ninh (VNA) – Dong Ho village, formerly named Mai village, in Song Ho commune of Thuan Thanh district, the northern province of Bac Ninh, is known as the cradle of one of the most famous folk painting genres of Vietnam. Telling the history of Dong Ho paintings, artisan Nguyen Dang Che, who has been working hard to preserve this genre, said according ancestors’ documents, the craft of making paintings in Dong Ho dates back to the 16th century, and it is now more than 500 years old. So far, no one has ever heard about the founder of this craft, and all the quintessence of this folk painting genre has been handed down from generation to generation by artisans for centuries. This genre had been in its prime before 1944. At that time, local residents mainly earned their living by making paintings to sell in the Lunar New Year (Tet) festival and producing votive papers. The village was busy all year round, and there were up to 17 clans involved in making paintings. Usually, … [Read more...] about Dong Ho – An outstanding folk painting genre
The Party and State leader also underlined achievements in Party and political system building, as well as in the fight against corruption and wastefulness, saying that the concerted, firm and comprehensive measures had produced significant results. The investigation and trial of many major economic and corruption cases had won the support and approval of officials, Party members and people. … [Read more...] about Party, State leader sends New Year wishes to all Vietnamese